I call these four ingredients committed habits. Committed habits are the lynchpin of success. For instance, if you developed the committed habit of investing just $100 a month in a moderate interest bearing account for 45 years, it would yield approximately half a million dollars. How many people fritter away $100 a month?
Stories abound about lottery winners who go through millions in just a few years, ending up worse off financially and socially than before they won.
One lucky $16 million winner from Pennsylvania lost it all and even spent time in prison for discharging a firearm to scare away a bill collector. His problems started when an ex-girl friend sued him and won half of his winnings; then his brother was put in prison for hiring a hit man to kill him so that he could inherit his winnings. Then came a series of failed family businesses that he bankrolled. In the end, he said winning the lottery was the worst thing that ever happened to him.
Why do so many lottery winners struggle? Because they had not developed and committed to habits of wise money management prior to coming into their millions.
Now, not every good habit has a compounding effect. Some habits only create a cumulative effect instead of a compounding effect. For instance if you diligently saved that $100 a month under your mattress, you would only have about $50,000 after 45 years of saving. Any sound plan for gaining abundance, financial or otherwise, must include effective compounding.
Besides saving money, there are other areas of life where compounding your efforts yields abundance.
Relationship building is a big one. Think about one of your good friends or strong business relationships and then try to count the number of people you’ve added to your relationship circle because of that initial relationship.
Why do we say that word of mouth is the best marketing tool? Because it’s effective compounding at its finest work. One well-served client becomes a number of additional clients.
Habits that compound your efforts seldom happen mindlessly. It’s the habits that you cultivate from living intentionally that create exponential growth.
Some of my favorite coaches are hugely successful financially, and curiously each one tells about how they struggled mightily for years before the compounding effect of their habits almost suddenly changed their fortunes. Their stories include living on friends’ coaches, being hospitalized due to stress, and going bankrupt. In each case, they did not accept failure as an option. They kept doing what they believed in, and finally they each found great success.
You must be prepared to persevere until the compounding effect of your habits reap abundance.
There’s nothing wrong with habits that don’t create compounding abundance, such as brushing your teeth and flossing everyday. Those are awesome habits that you hope, in 45 years, will leave you right where you are today. Your teeth will not multiply nor grow bigger. And yet, your good dental habits will have been so very worth it.
Which reminds me, committed habits and compounding effects also works in reverse. Don’t form the habit of brushing and flossing, and you will see very few effects for a while, but in far less than 45 years, the effects WILL compound. You will not stagnate; the effects will grow exponentially worse and worse.
Here’s a good place to emphasize one habit that you might not think about as having compounding influence in your life:
Commanding your calendar. Documenting important activities, blocking your calendar to ensure you create the time to complete projects and spend time with your important people, prioritizing responsibilities and dreams, and knowing when to say yes and when to say no. The compound interest is paid when you gain a reputation for completing projects on time, when you spend more quality time with your loved ones, when you have time to read good books, when you schedule exercise into every day. Each activity that you make time for begins to execute a compounding effect, which will exponentially increase abundance in your life.
The life of abundance that you deserve is within your power to achieve. If someone tells you that you don’t have to work for it or that there’s a shortcut, they are lying to you. To compound your efforts, you must put in the work every single day over time. A year? 20 years? 45 years? But through daily discipline, you can create a life of abundance that you never imagined possible.
If you are struggling to define, create, and implement the committed habits that will allow you to claim the life of abundance you deserve, message me to discover how our work together will help you in identifying, clarifying, and implementing committed, compounding habits that will change your business and your life into overwhelming abundance.
What do you actually, truly want? Where are you lacking abundance? Where are you taking joy in abundance?
However we define it, we all want an abundant life. The truth is that abundance is within reach for all of us. That’s what motivates me as a strategist: helping people reach new levels of abundance, however they define it.
Message me for more information on the ways you can work with me to achieve ever higher levels of performance and abundance in your life. Especially check out The Abundance Project Mastermind and upcoming Yacht Retreat below!
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To Your Abundance,
Beth Strange
www.BethStrange.com
Qualified Abundance Strategy clients will be joining me for a 4-Day ABUNDANCE-LEVEL INTENSIVE aboard THIS and additional luxury yachts in the Florida Keys this November 1-4!
You DO NOT want to miss this! Message me for details at Beth@BethStrange.com |
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P.S. When you’re ready, below are some ways you can work with me to achieve ever higher levels of abundance. Please complete this Application to request an Initial Abundance Strategy Session
The Abundance Project: If you are an abundance seeker with new heights to achieve, you belong here with other extraordinary, good people in a high-level mastermind setting where you will work with me as your expert Strategist and The Abundance Project mastermind members to assist you as you define, create, and execute the strategic projects that will bring abundance into your business and your life. The Abundance Project is for you if you are ready and committed to exponentially increasing ABUNDANCE in your professional and personal life–abundance of time, money, opportunities, satisfaction, relationships–however you define abundance. Entered by this Application and invitation, The Abundance Project requires a 9-month commitment.
Abundance Performance Strategy: For abundance-seeking professionals, service-based entrepreneurs, and top performers. When you are ready to work with an expert Strategist to make the kind of exponential progress that would satisfy you and bring abundance into your business and your life. LET’S STRATEGIZE. I assist extraordinary professionals, entrepreneurs, and abundance performers like you to think and plan even bigger and overcome roadblocks to abundantly idyllic lives and businesses. I bring the experience, the training, the credentials and certifications, the scientific and strategic processes, and the expertise. You bring your ready willingness to try, to plan, to work, to change, to do, and to dream big, exciting, and fulfilling dreams. You will develop insights, breakthroughs, discoveries, and STRATEGIES. You will experience RESULTS. Together we will powerfully face and tackle your plateaus, your stress, your roadblocks, your overwhelm, your inferiority, your fears, your fatigue, your excuses. Abundance Strategy is NOT for the faint of heart. We will dive DEEP. We will work INTENSELY. We will strategize POWERFULLY. Apply here.
Abundance Level Branding Package: This is an exclusive opportunity for global brand expert, Beth Strange, and her team to assist you with the initial definition of your Brand Identity. Define your brand, develop your logo, design your business cards and letterhead, build your website. All done for you! We make it easy and fast to Red-Carpet-Roll-Out your brand to the world.
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